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Date/Time: Mon, 10 Mar 2025 17:10:23 +0000



Post From: Questions on order fees, my trading setup and teton

[2022-03-27 13:03:18]
maxm1987 - Posts: 119
Dear Sierra team,

I have a couple of questions and uncertainties regarding my current setup. Maybe you can help me shed some light on it and push me into the right direction.

As you probably know I use interactive brokers as my broker, Sierra chart for charting and your Denali feed. Additionally I have bookmap and rithmic feed for it. I’m currently trading the MES and the fdax mini. I’m considering switching brokers as my main objective and want to check if there is any possibility to reduce costs.

I have a quote from edge clear whose fees for 1 MES contract are $0.20 Edge Clear commission, $0.32 for NFA & Exchange, and $0.10 for Rithmic order routing, currently I pay $.57 so edgeclear seems to be more expensive. I’m trying to understand what your Teton technology does in this regard. Does it save me the $0.1 for rithmic routing or where does Teton come into play?

Thank you